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April 23, 2014

Homework Help: Fundamental Cornerstones of Managerial accounting

Posted by Steven on Thursday, July 30, 2009 at 2:21pm.

Green Enterprises produces small engines for lawn mowers. during the year, 110,000 engines were produced. The actual labor used was 60,000 hours at $9.50 per hour. Green has the following labor standard: 0.5 hour at $10

1. compute the labor rate variance.
2. compute the labor efficency variance.

please help.

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